MOD Resources Ltd (ASX: MOD) today announced further positive assay results from the Phase 1 resource area at T3 (Figure 1). T3 is part of a joint venture with AIM-listed Metal Tiger Plc (30%) in the Kalahari Copper Belt, Botswana.
Assays were received from two batches of samples for seven deeper holes in the northeast part of the T3 Phase 1 resource area. Six of the latest resource holes intersected significant widths of copper and silver, similar to previously announced intersections in this area.
Karl Smithson, CEO of Stellar Diamonds PLC (STEL) talks about the recent RNS giving an update on the potential acquisition.
Karl explains what this means for the company, the effect on the CAPEX and plans on when they are planning production.
The fourth episode of London South East’s (lse.co.uk) excellent new TV Show for Traders and Investors’ : Share Views’.
Scott Grant, Director of London South East, and Chris Bailey, Founder of Financial Orbit, are interviewed by Zak Mir for ‘Share Views’ – London South East’s (www.lse.co.uk) weekly Trader and Private Investor show.
Scott introduces the ‘QuickPicks’ Tools and Share Trading facility provided via www.lse.co.uk, Chris then discusses Mid and Large Cap shares of interest, including Companies reporting this week, Volatile ‘Brexit’ plays and the FTSE250 outlook.
The recovery of the FTSE 100 from its March 2009 low of 3500 continued at a reasonable pace reaching 5800 in April 2010 a fairly remarkable increase of 63% in the major indices in little over a year. Some sectors were just going phenomenally well and in particular, house builders were simply rocketing. The likes of Barratt Developments, Taylor Wimpy that had seen a 95% fall in its value over the financial crisis had regained a significant portion of their loss but were still some 80% down from their pre-financial crisis share price; a real measure of the rout that had occurred in some sectors. I wish I had invested in more house builders at the time but unfortunately had only invested in one, the partly bombed out AIM listed Telford homes in 2009 which were doing well enough over this period and in the construction sector another love-hate stock Costain. Is it not strange that somehow we all have a share or so in our portfolio who’s figures and outlook say the right things yet continually frustrate and disappoint in terms of stock price appreciation. Yet we have that almost certain knowledge that should we sell the stock it will immediately appreciate in value.
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The Management Team of Ortac Resources (LON:OTC) , Executive Chairman Anthony Balme and CEO Vassillios Carellas make their debut in this episode of The MiningMaven Podcast.
Ortac’s flagship project is their Sturec Gold project in Slovakia with a JORC compliant Au equivalent resource of 1.32 Moz, with 1,1Moz in the Measured & Indicated category. The project has had a positive Preliminary Feasibility Study (PFS) carried out by SRK, so altogether its quite advanced. The company also has investments in Eritrea, Zambia and DRC.